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Search Results 0 to 49 of about 120 (some duplicates have been removed)
CNBC
Dec 13, 2012 6:00pm EST
like the debt ceiling debacle. if the armed camps in washington don't disarm, and agree to talk to each other in a serious way, and not just the bluster sessions that seem to be happening daily these days, which reminds me, do you remember -- do you remember the debt ceiling nightmare last year? going to those horrendous talks last summer, everybody felt very confident that the president and congress weren't really at lagger heads. market was almost at its high. pretty good, vix low. then like now, we heard that the discord was only political posturi posturing. the stock market forwarded ahead, and the complacency was thick and more people worried about moissing a move up rather than talks break down and we might actually default. every time we heard meetings between the president and the speaker tonight, we figured we would hear mission accomplished the very next day. but we didn't. things got ran cower ocourous. we got a deal, but only after, not before, after we had the hideous sell-off. makes sense. remember how unruly congress was in 2008 when the previous president needed to pass
SFGTV2
Dec 12, 2012 9:00pm PST
live in washington but met chris 26 years ago at hastings law school, two blocks from here. we were in the same section in the same study group. when we finished law school we both went to the east coast to work for large law firms. over the years we stayed in close touch. when chris was back from over seas we were frequent tennis partners and would get together for dinners and other events in washington. over the years our families became friends as well. it's been such a pleasure to come to know them and chris's many friends in washington and to watch his career unfold. we met on the first day of school. i sat down in our civil procedure class next to a person who turned out to be named chris highland. shortly thereafter chris stevens sat down next to me. the three of us went to lunch afterwards and became friends from that day forward. chris never tried to be someone special but he was someone special. when we were at hastings his charm and wit were on display from the start. in class he was very articulate and seemed as later in life always very poised and well spoken and at eas
CNBC
Dec 13, 2012 3:00pm EST
advisors and steven gil garcetg and our own jeff cox. no encouraging words out of washington, here we go again, from either the fed or congress. >> right, and frankly that's very expected. there's going to be a -- some grandstanding about your political philosophies right up until the end, but the way i view this is we will not and cannot go over the fiscal cliff. >> you think the can will be kicked down the road. >> well, i think washington learned its lessons from the credit crisis. they are not going to have this go over the cliff, and i think it's going to be a recipe of a small part of cutting spending. a small part of raising taxes and a healthy doze of kicking the gan down the road. >> you would be so sure that these guys cannot do it when in fact here we are 18 days away. steve sax from your standpoint in, terms of etfs and in terms of indexing out there, how do you want to invest given all of these uncertainties as we approach year end? >> i'm in the camp i certainly hope we can avoid the fiscal cliff, but right now i don't have a lot of confidence. we're still seeing a lot of f
CNBC
Dec 12, 2012 11:00pm EST
the budget. in other words, bernanke like so many of us has given up on washington's ability to govern, at least when it comes to the economy. he knows he's alone in trying to get people hired. he doesn't want to be blamed for what happens when we go over the cliff. he's actually more worried about those who don't have jobs than he is about those who do. put simply, the guy's got a heart. he's not willing to check the heart at washington's door. all right. come on, this show's about making money, cramer. not a cardiology exam of ben bernanke versus the president and congress. it's the most valuable thing you can do to keep the bull market from running out of steam. as part of a long term analysis of the stock market that i've been working on pretty much every night at home, if you only needed to know one number, one piece of data to predict the direction of the market, you would choose the unemployment rate. when the unemployment rate is going lower and jobs are being created, stocks going up, the positive signs. the congress of course is true, too. sell when people are being fired lef
FOX Business
Dec 12, 2012 9:00pm EST
for full implementation of tracy: washington is bracing itself f the full implementtation of dodd-frank. but will dodd-frank prevent another financial meltdown, let's ask bart chilton. i know you are testifying tomorrow to report on how it is going with the implementation of dodd-frank how is it going? >> slow but sure, we have not made as much progress as law required. about 400 rules in the government we've done within 35, we'r135, we'reslow but floodingd the rig balance, and g things right, and don't cause a market migration to to other country, and don't create a devastating havoc on financial firms or markets. tracy: we've seen before with sarbanes-oxley, it became arduous. that can't happen again. >> the systemic risk, the risk to all of us, some people call it, too big to fail. that is the problem in 2008, we lost 9 million jobs, and people lost their homes, that is what we're trying to resolve. tracy: with 400 new rules, do you really think you will prevent another -- if we have -- another financial crisis, there are people out there that are starter than all of us, figuri
MSNBC
Dec 13, 2012 8:00am PST
, the majority of voters from both parties want washington to make it happen. joining me is south carolina congressman james clyburn. sir, good to have you here. we just heard nancy pelosi calls on congress not to leave the hill after a two-day work week. are republicans on the hill wanting to do the same thing, wanting to stay there and get this deal done? >> thank you so much for having me, thomas. yeah, i do believe we want to see the deal done. i've talked to a lot of republicans who feel that we ought to do this. before we go home. then come back next week for a day or so to rat that fi whatever it is to put in place. and then go home so that the holidays with our families and friends. so people want to see this done. they know pretty much what has to be done. and they would like to see us just do it. and get out of here. >> congressman, are the outs in the favor of this two-step process of getting something done that will save the majority of americans 98% from tax increases come the new year? is that mainly the game plan at this point, with time running down? >> well, i hope it is.
MSNBC
Dec 13, 2012 11:00am PST
certainly hope somebody thought in the washington, d.c., area will invite me to dinner for christmas day. i don't even know if i will be able to get home. but i think if we do, we will then be very concerned about an austerity cliff. and really destroying our economy. i think it is very egregious that the republicans are willing to destroy the economy, perhaps create a worldwide recession, on behalf of continuing to campaign on their failed campaign of 2012. >> congresswoman, thank you so much for your time. i greatly appreciate it. >> thank you for having me, tamron. >> of course. let me bring in our news nation political panel today, nationally syndicated talk show host, michael mir is con his, chris kofinis and cheryl taupe let's from roll call. chris irk let me start off with an interesting thing i have noticed today. you have both sides now you not just saying but implying the other wants to go off the cliff for some kind of gain. >> not sure what gape they have. they have to budge on tax rates, that doesn't mean speaker boehner's party and caucus has come to terms with that. that is t
FOX News
Dec 13, 2012 6:00am PST
't happen in washingtoners it would make great television. right-to-work laws in michigan became the 24th state in the nation. it allows union workers to opt out of paying union dues even if they're not in the union. stephen moore, "wall street journal." who would be next? >> there are a number of states neighbors to michigan really looking at this legislation. i'll name a few to you, bill. pennsylvania, ohio, west virgina, states like that are competing against southern states. remember a lot of jobs and a lot of manufacturing has moved from the midwest, the kind of rust belt of america to the south in part because those southern states are right-to-work. can i mention one other thing if i could, bill, about this issue that is important? bill: sure. >> there is so much misinformation what it means to be a right-to-work state. i want your viewers to know this, if you're a right-to-work state it does not ban unions, bill. simply means that workers who work for a unionized company have the right as an individual to join the union or not. it does not ban unions. bill: to be more specific, if
CBS
Dec 13, 2012 12:00pm PST
reporter tara mergener explains how capitol hill is preparing for the worst-case scenario. >> washington, d.c., december 13, 2012. >> reporter: cbs news has learned lawmakers are receiving orders today to cut their own budgets 11%. it's congress' first encounter with the consequences of going over the "fiscal cliff." without a compromise, across- the-board spending cuts will kick in and taxes for all americans will go up on january 1. with little progress being reported, frustration is mounting on capitol hill. >> if we don't act, the economy will go over the cliff. not just our budget process. the economy will go over the cliff. >> reporter: the sticking points remain the same. the president wants higher taxes for the wealthiest americans. republicans are insisting on deeper spending cuts. >> republicans want to solve this problem by getting the spending line down. the president wants to pretend that spending isn't the problem. that's why we don't have an agreement. >> reporter: the sail mate between the white house and capitol hill -- the stalemate between the white house and capitol hill
MSNBC
Dec 13, 2012 6:00am PST
washington. it's thursday, december 13, 2012. this is "the daily rundown," i'm chuck todd. the only reason we can't saturday fiscal cliff negotiations have fallen apart is that the two sides are still talking. but things are bad, make no mistake. and neither side is optimistic that anything can get done at all. with congress and the president careening to the edge of the cliff, the public is ignoring party lines and demanding an end to this mess. 70% of democrats, 59% of republicans want their own party's leaders to come to an agreement, even if it means not sticking to long-held positions on taxes and entitlements and yet despite those demand, the country is evenly divided on whether they think a consensus can be worked out here in washington, whether they believe obama and boehner can strike a deal. interestingly folks that are paying more attention to the fiscal cliff story are more pessimistic. it's the folks paying less attention that are more optimistic. judging by what we're hearing from negotiators, the public clearly knows something is up in the bad way. >> i remain the most optimist
MSNBC
Dec 13, 2012 12:00pm PST
and host of the daily run down, chuck todd, armed with poll numbers burdened by the washington wizards and the miami hurricanes on the court so, chuck, what are the numbers telling us and more importantly, what are you hearing? >> on the cliff run, it is clear the president has public opinion on his side in an enormous way when it comes to the tax issue, but you also see there is a downside for him -- there already is plenty of down sfirtd republican but downside for him, if no deal happened, there is going to be sort of a collective public anger at washingtowashin. the way second term president cis work, you have basically one good calendar year to get stuff passed. there's other parts of the job that become more at the forefront in the second term, foreign policy, things like that, but in working with congress, you have got their individed attention for, you hope a year, that's why this is so crucial, figure out how to get something done. i can tell you this, it is -- i put it this way when it comes to the cliff f you are a believer in the addible it is always darkest before the dawn
Current
Dec 12, 2012 4:00pm PST
've had it in washington, d.c.-- >> cenk: no, we had an assault weapon ban. no, that's not across the country. you give me island of ocean of guns. >> well, it's at safe place per guns. >> cenk: didn't we have less gun violence when we-- >> we have more gun violence. chicago-- >> cenk: we have more gun violence now when it is out of control. >> washington, d.c. the places with the strictest gun control has the highest homicide rates in the country. >> cenk: you keep going back to the island of ocean of guns. you tell me that the problem in chicago is that there weren't enough guns, right for people to protect themselves. hold on, wait a minute. that's exactly what you said. >> i'm not advocating that everybody should have a gun. i'm advocating that people should have one. >> cenk: let me ask the question. but in most of these shootings or in a lot of these shootings it was gang shootings. both sides have guns. why didn't it work? isn't that your ideal dream scenario yes both sides have guns. >> no, gang members--i don't think gang members--they are criminals--you haven't taken tha
FOX News
Dec 12, 2012 10:00pm PST
leader, eric kantor, warning lawmakers they will stay in washington until a fiscal deal is reached. allen west is here. before we get to the idea of staying in washington, you have said that negotiating with president obama is, to quote you, silly. >> i think when you look at what just happened today, the federal reserve will go into what is using -- >> greta: printing money. a fancy way to say it -- >> to the tune of $45 million a month foritous buy up our own treasury stocks. the argument is about $85 billion per year. when you put it thatn that context and understand that revenues have increased in the united states of america by 10% and spending by the for the government has increased 16% and we have a federal government spending 25s% of our gross domestic product, this is not a revenue issue, this is a spending issue. i think what we need to do is come up with the right type of legislation to solve this thing, keep these tax rates where they are and then if we want to come back next year and do the right thing, as far as the comprehensive tax scprmpl really solving this and promoting
CSPAN
Dec 13, 2012 7:00am EST
host: the two-hour washington journal this morning. the house and is in at 9:00. open telephones for any public policy issue you would like to discuss. you can see the numbers on your screen. you can also contact us on twitter, facebook, or by e-mail. you can see the addresses on your screen. let's start with an update on the so called "fiscal cliff." this is the washington post -- in a side arbucarticle -- that the washington post report on the fiscal cliff this morning. here's an article from "washington times" -- now this is from "politico." a situation that was in the paper couple weeks ago. looks li finally, before we go to phone calls, this article from the daily caller -- again, that is reported in the daily caller. we begin with a call from diane in julian, california, on our democratic line. caller: good morning, peter. my prediction came true, reelecting a president. women against violence acts, being held up by the house. john boehner and the republican house majority leader eric cantor. i tweeted last night quiet late saying the republicans are going to gang up on joh
ABC
Dec 12, 2012 5:30pm PST
be hunkering down in washington, negotiating over christmas. >>> and now, abc's barbara walters is back tonight with another exclusive interview. this time, secretary of state hillary clinton. who is about to leave office, after traveling almost a million miles to nearly 100 countries. and everyone asking, does she still dream of the presidency? barbara is here right now. barbara? >> reporter: and that is the question, diane. as hillary clinton winds down her time as secretary of state, traveling the globe, we sat down together and i asked her that question, that's on everybody's mind. what's next? what most people are asking now about you is, will you consider running for president in 2016? would you just like to make your declaration now? we could conclude this interview. >> well, that would be fascinating, to me, as well as everyone else. you know, i've said i really don't believe that that's something i will do again. i am so grateful i had the experience of doing it before. but you know, i -- i think there are lots of ways to serve, so, i will continue to serve. >> reporter: what would it
MSNBC
Dec 13, 2012 2:30am PST
hanging in the balance, eric cantor delivered the news. lawmakers plan to spend the holidays if washington. >> the president seems to be walking us ever so slowly toward the cliff. we've said we're committed to staying here. we're going to stay here right up until christmas eve throughout the time and period before the new year. because we want to make sure we resolve this. >> one thing that is clear, the american people want to send -- see an end to the standoff over the fiduciary fiasco by news years day. a majority of all democrats and republicans say they would like their leaders to compromise, even if it means giving ground on long held party positions. expectations are in check. 48% to 48% whether a deal will actually get done. if there's no agreement, 56% say both sides will be to blame. 24% say it will be the republicans' fault and 19% will point the finger at the president. twice as many people said they trusted obama's hand willing of the fiasco. talks as opposed to boehner although 29% trusted neither. one thing that could embolden the president during his negotiations is his jo
MSNBC
Dec 13, 2012 7:00am PST
for the national journal and ruth marcus is a columnist for "washington post." ruth, we'll start for you. if you're a remember of congress or the president -- >> way to go. don't do that to me. >> just for a moment, ruth. go with he. >> all right. >> do you say we need to get this done? and compromise is more important when you look at the screen right now? >> if i'm a member of congress or the president, i say that. am i confident, probably not because your poll is fascinating because the voters are so much more -- so much smarter than the politicians. they're both right about the unlikelihood of compromise. and right about the need for it. but the parties on both sides are also dealing with some pressures from their base voters and the need to not look like they were the ones who were giving in first. and so, that's -- i'm a believer with this speaker about the capacity of washington to pull rabbits out of hats or presents out of stockings, but you can't feel too optimistic right now. >> if you're a member of congress, you're not going to limp to your base i guess is what you're saying there.
FOX Business
Dec 13, 2012 11:00am EST
.5%. connell: a news alert from washington. you will see it here live from d.c. as we wait for the speaker, we will hear from a guy who says >> whatever god deal is signed, there will be a lot of pressure. boehner will have to cut a deal that raises taxes. their idea of fiscal conservatism, for two decades, has only been about taxes. meanwhile, under current sentiment, underneath him, why don't you finally go after spending. those tea party people will be completely hostile to whatever deal comes up. connell: the reason he is speaker of the house is because of those tea party. the same group that may, if you are right though i drive him out of town. >> he has been systematically pushing tea party people out of committees in order to get his conference more in line. connell: he better kind of followed the line here. >> that is how you organize and discipline. it will hurt the economy without solving the problem. connell: is he supposed to -- that would be characterized as a "grand bargain." if you are right, his job is literally on the line. >> there isn't much of an option. he has not been tal
CNN
Dec 13, 2012 8:00am PST
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CSPAN
Dec 13, 2012 5:00pm EST
will call the roll. quorum call: is en mr. president? the presiding officer: the senator from washington. ms. cantwell: i ask the quorum call be dispensed with. the presiding officer: without objection. ms. cantwell: i rise to say what as important day it is for the u.s. coast guard. our communities who benefit from those services, the men and women who answer the call to serve. the reason i say that is because we have passed a bill that gives 40,000 active-duty coast guard members the support they need. it is a worthy tribute to a force of men and women that in 2000 alone helped us save over 3,800 lives across the u.s., confiscated over 166,000 pounds of cocaine and secured over 472 vessels before they arrived at our ports. this legislation will give the coast guard the funds that it needs to upgrade equipment and purchase the right vessels for carrying out every mission that they need. this kind of work exemplifies the heroes like chief petty officer terrell horn of california. officer horn died in the line of duty last week while tracing drug smugglers off the coast of california. our tho
MSNBC
Dec 13, 2012 3:00am PST
well that in washington when you're talking about obligating a future congress to make cuts, that's not a deal. and that's the same hook that republicans have always gotten hung on in previous negotiations with democrats when rate increases are on the table. so republicans are saying, look, we'll go 37%. we may even talk about 39%, but we want to see real cuts that are right now, not something that you're going to obligate the congress of 2020 to do because that's not going to happen. >> but that's fine, michael, but that's not what they're saying. >> that is what they're saying. >> no, no, no. boehner wrote a letter in plain english, typed it out, no rate increases, period. not no rate increases -- >> come on. steve, like that means something? >> hold on. so he wrote that letter. the president said we're not going to move from 39%. the president -- >> no, he did not say that. >> let me finish. the president subsequently said we can meet them halfway, and boehner did not rule out a 37% number. >> no, he briefly didn't rule it out, and then he ruled it out. >> it's still on the tab
CNBC
Dec 13, 2012 4:00am EST
. >> also on wednesday, jpmorgan ceo jamie dimon said that the economy, if washington can get a deal here is poised to rocket. >> the table is set very little right now. small business in good shape. 5 million more people working than four years ago. housing has turned the corner. let's just keep it going. >> so what were they doing up here on capitol hill? well, they're holding duelling press conferences with images for the tv cameras, one of a group of adorable young children and another one using a santa claus here, everybody trying to make their point, everybody trying to grab the camera's attention, but not a lot of negotiating progress here, at least in public. that's where we stand for now. >> eamon there from washington with the latest. >>> here in central london, it's about to get a lot greener. urban farming is coming to london rooftops. the gardens will be sustainable, bringing the produce grown on top of the office buildings in london and modeling systems already in place in new york and hong kong. joining us now with more details, pasmovoro gordoto. thank you. >> midtown lopp
MSNBC
Dec 12, 2012 5:00pm PST
it in the lake and see if it's still cold out? come on, folks. these lawmakers in washington need some pressure put on them. we need to go higher than 39.6%. we need to go to at least 42% for the wealthiest americans making over a million dollars a year and tell bain their is the way it's going to be, or you're going to lose the deal that is on the table right now. let's take a hostage. let's take the rates. get your cell phones out. i want to know what you think tonight. tonight's question, is john boehner ignoring the american people to save his job as speaker? text a for yes. text b for now to 622639. you can always go to our blog at ed.msnbc.com. we'll bring you the results later on in the show. i'm joined tonight by california congressman john garamendi who sits on the house ways and means committee. good to have you with us. >> good to be with you, as always. >> you brought up an interesting point by your colleague about how the timing of this is getting more and more interesting. john boehner delaying a deal in order to protect his job? what do you think? >> well, we certainly know we ha
MSNBC
Dec 13, 2012 2:00pm PST
matthews in washington. let me begin tonight with this. president obama deserves the best possible secretary of state. he picked a great foreign policy officer in the first term. he deserves to have one in the second. it's been my view some distance from the white house that the president was truly undecided on who this person should be. ambassador rice's removal of herself from consideration made his decision easier. john kerry could end up a fabulous secretary of state. someone to make this country truly proud. he lost the presidency by a single state in 2004, then went on to become a deeply effective chairman of the senate foreign relations committee. he projects a grace under pressure that we see in the president himself, a noble attribute most of us take as quiet courage. as embarrassing as it is to admit he is one of the few top politicians in this democratic country to master foreign languages. not a small talent in world diplomacy. i like kerry because he's had the guts to run for office just like hillary clinton. he's had the nerve to stick his neck out and ask the voter t
CNBC
Dec 13, 2012 1:00pm EST
is happening in washington. what the feds know that perhaps we don't know. >> we are getting smacked around by these two separate events. the fiscal cliff as well as aftermath of what went on with the fed. i think the fed is still very important here. take a look the dow industrials. remember, we started moving down right after we saw mr. bernanke give his press conference. we talked about fiscal cliff having problems, not having the tools to deal with the fiscal cliff. the fed not having it, should we go over that. there we are dealing with the aftermath. remember something folks, september 14 is the high for the s&p this year. you know why that is important in september 13 is the fed meeting. they bought into the fed meeting and sold right after that, sue. and they are doing that again today. we are repeating what happened just a few months ago. i think that's why it is very important. elsewhere, defense stocks. here is a group that's very worried about frustration when mr. bernanke started getting tampered with questions on the fiscal cliff. you saw the defense stocks move down. very rar
FOX News
Dec 13, 2012 1:00am PST
, reaction, joining us from washington, marjorie, a democratic strategist and here in the studio, democrat and fox news analyst, kirsten powers. so the lansing thing, i don't think this is isolated and the networks knew about it because it was on every web site in the world. and they chose not to bring it to their viewers. >> yeah. >> bill: why do you think? >> i can't speak for them, but i certainly can say whenever there was a tea party rally and they found one sign out of 500 people that was racist, then they would use that to show that the entire movement was racist. so it seems odd in this situation that they would ignore a story that makes the ruins not look very good and in the clips you showed, talk being how there is a lot of anger and that seems to be a good example of anger. >> bill: were you ever a reporter? >> huh-uh. >> bill: i was a reporter for many, many years. i'll tell you, video like this, golden. golden. stuff like this, you would have to put it in your package. >> yeah. >> bill: yet all three, marjorie, all three leave it out. can you -- do you have any explanation at
CSPAN
Dec 13, 2012 12:00pm EST
carried that message straight to washington. i remember scott telling me in our very first meeting that i couldn't count on his vote. that i'd have to earn it. i told him could do whatever he pleased and while he hasn't been here long, he certainly made his mark. i've seen a lot of politicians in my day, but few if any have been as talented as scott brown. he is a unique talent. and i have no doubt we'll see him back in washington someday in the not-too-distant future. the truth is scott's victory wasn't the first time he'd done what others thought impossible. as a young man, he knew poverty first hand, and a broken home. and even took to shoplifting to feed himself and his sister. yet scott overcame these early challenges and as is often the case, he owes a lot of it to an adult who saw his potential early on. in scott's case, that adult was judge samuel zall. when scott showed up in his chambers one day, the judge saw a troubled but decent young man who needed a friendly nudge. we had a long talk about the talent i thought he had, and i didn't want to see him squander it, judge zall lat
Current
Dec 13, 2012 3:00am PST
of ours from our radio factory book factory tv factory here on capitol hill in washington, d.c. in the shad dove the capitol dome where members of congress busy going to holiday parties. i saw several of them last night. at a holiday party. the department of labor, thrown by our good friend, secretary of labor hilda soliz but they didn't get much work done on capitol hill as we just heard from david jackson from the white house. seems like things have come to a dead stop both at the white house and on the congress mainly because republicans still refuse to -- they're still insisting that the bush tax cuts for the wealthiest 2% of americans be extended permanently. come on, john boehner! you lost the election! the american people want to move forward. american people want the wealthiest of americans to pay their fair share. boehner, why are you representing the 2% and not just the 98%. lots and lots to talk about here this morning. and you'll want to get into the conversation, we know, and you can do so, give us a
MSNBC
Dec 13, 2012 9:00am PST
for fiscal sanity here in washington d.c." that's somewhat of the republican idea here. it's a way from having a big deal. it's a way from perhaps going over the cliff entirely. it's, all right, maybe we give them the 250,000 or below, and then we live to fight another day on the debt limit. if that happens, what does that mean for the markets? it brings washington to its knees again, and we try to ask nancy pelosi about that today. she declined to answer questions about the debt limit, but if you see that fight play out in the early part of 2013, what does it mean, the obama administration, the priorities they would like to see, it looks like the debt limit right now is very much this political football same as it was in 2011. >> thank you. i want to quickly bring in the panel because what you are saying brings me to a point that's been kind of bothering me about this whole discussion. republicans keep saying that what the democrats -- what the president sht bringing to the table are enough cuts, but they never seem to want to specify what those are. daniel had a piece in the "wall str
CSPAN
Dec 13, 2012 9:00am EST
officer: the clerk will read a communication to the senate. the clerk: washington d.c., december 13, 2012. to the senate: under the provisions of rule 1, paragraph 3, of the standing rules of the senate, i hereby appoint the honorable tom udall, a senator from the state of new mexico, to perform the duties of the chair. signed: daniel k. inouye, president pro tempore. mr. reid: mr. president? the presiding officer: the majority leader. mr. reid: following leader remarks the senate will be in a period of morning business until 11:30 this morning. republicans will control the first 30 minutes, majority controlling the second 30 minutes. following morning business we'll resume consideration of s. 3637. the filing deadline for second-degree amendments to that legislation is 10:30 today. at noon there will be up to two roll call votes, first on the motion to waive the budget act if a point of order is raised. if the motion is successful there will be a second roll call vote on the motion to invoke cloture on the bill. i'm confident there will be additional votes this afternoon on judici
FOX News
Dec 13, 2012 8:00am PST
're thinking washington would not be so stupid as to let this fall through, go off the fiscal cliff. bottom line we expect the speaker to hammer away on too much spending. washington has a spending problem, a familiar theme in all these talks, jenna. jenna: we'll take the viewers back there when bain starts to speak. mike, thank you. >> reporter: thank you. jon: wouldn't it be nice if he could talk about some progress. joining us with more on this, kimberly strassel, a columnist for "the wall street journal" as michael lewded to, they have about what, 72 hours really to get something concrete done here? >> that's right. when you think about this, everyone talks about the january 1st deadline but reality is most people are looking at next friday as the real deadline. they're assuming that that is when the markets consider there to be a deadline. if something isn't done by then maybe panic ensues. so when you work back from that you have to leave at least a week for the republicans to put something up in the house, give those requisite three days for members to read it, for the public to see
CNBC
Dec 12, 2012 7:00pm EST
are joining them. geez, i may faint. now to washington, d.c. with fed chairman ben bernanke sent a chill down the spine of traders on wall street. bernanke said the fed's money printing should last only until we hit 6.5% unemployment. markets didn't like that one bit and a good rally was completely erased. and we go to damascus where the assad regime is firing scud missiles and where did those missiles come from anyway? >>> in a letter to senate majority leader harry reid, 18 democratic senators are requesting a sweetheart deal to delay a 2.3% medical device tax that is part of obama care. due to start january 1st. but you know what, may i with all respect, these guys are hypocrites. they're not supply siders. yes, the tax is a job killer, as they say, but it's only hitting their states. the senators claim the medical device tax kills jobs but why aren't they against all the other job killing obama care taxes or for that matter the fiscal cliff tax hikes that are coming. let's faulk about this. we have igor volsky and guy benson. guy benson, i am glad they have won't up to this lousy medical
CNN
Dec 13, 2012 11:00am PST
as the "wall street journal" nbc poll. let's go to washington to the senior congressional correspondent. dana, you talked to the two men who spent their careers in congress making deals like this. how do they pull it off? >> it was a fascinating conversation. the two men you are talking are about two former senate majority leaders. a republican and a democrat. trent lott and tom daschle. they worked on opposite sides for almost a decade. that is the question i asked. it wasn't always pretty, but how did you come up with deals when you had touch negotiations like what's going on right now. the answer was simple. talk to each other. >> i do think that they reached a point where they need to quit talking through the media. i'm talking about both parties and the leaders in congress. some of the most effective wi timth theresint or at dn least with the chief of staff and the director with our key budget people and we really talk about alternatives and hammered it out. >> this will be the test. if we reset it has to happen around the fiscal cliff first. there a lot of other issues out there that co
Comedy Central
Dec 12, 2012 11:00pm PST
city, raised in new jersey. were you born in newark? >> i'm like you, born in washington, d.c.,, proved to jersey when i was a few months old. >> jon: so lived... >> lived in bergen county, small town called harrington park. >> jon: beautiful harrington park. very nice. and now you are the superhero mayor of newark. i read stories about you. you pull babies out of burning buildings. you have reversed the rotation of the earth. how does this happen to you? do you patrol at night? are you filming an episode of cops? what are you doing? >> i did pa terrell at night a lot, especially when i first got in and there was a lot of change we were trying to make in the police department. i get a lot of attention for things frankly a lot of people in my city do every day. i remember during hurricane sandy i let a lot of my neighbors stay in my house until my power came back on, and i got a lot of attention, but frankly, so many people were doing things like that. >> jon: but you're the mayor. >> i am the mayor. >> jon: so your house is nicer. [laughter] >> if you saw how this bachelor guy lives, yo
FOX News
Dec 13, 2012 12:00pm PST
in benghazi a month before the attack where the individuals on the ground, head of security, warned washington they could not sustain a coordinated attack and there were at least ten militias or islamist groups. it amounts to a smoking gun warning. not the only was there further security provided but the security force was further pulled back. >> what are we learning about the status of that f.b.i. investigation? >> one of the things that is striking about the two classified briefings is a tight lid on response from lawmakers in the briefings about what we've learned. they were told there's been limited progress in the investigation by the f.b.i. because it's been hampered by a lack of cooperation by the countries who hold the suspects, particularly when you look at libya where the government does not have control over the eastern part of the country where benghazi is locate. the leading democrat is telling fox characterizing this lack of progress is limited. >> there's a lot more to do. this is an ondoing process but we're using our techniques and using our relationships with other government
FOX News
Dec 13, 2012 2:00pm PST
out from pew and abc, "washington post," people do want spending cuts. they think it's very important. but they overwhelmingly favor increase in taxes. >> if you don't offer the alternative, you know, closing the loopholes and finding, you know, getting rid of the brackets, nobody ever puts that in a poll. when they do put in a poll that people shy away from increasing taxes. >> eric: we have a couple of polls. pull up the first one. how the budget control, how the budget should be fixed. 49% say lawmakers will reach an agreement. 34% said push them over the fiscal cliff. we don't know what will happen in this hour, in this meeting so we could still go over the fiscal cliff. the second poll, the best way or fix this budget problem, 57%. mostly spending cuts. raise my taxes. >> dana: this is the problem that the democrats are starting to realize, they let this go on too long. you never under estimate the obama administration tendency to overplay their hand. yes, they had a good hand, but they do too much. then the public catches up with what is going on here. they say wait a second, fo
CBS
Dec 13, 2012 7:00am PST
'donnell is off. it may be the holiday season, but when it comes to lawmakers in washington, it seems no one is in a giving mood. both sides are dug in and there's little sign of progress from the talks to avoid the fiscal cliff. with just 19 days to go, republican leaders telling members of congress not to make holiday travel plans. >>> and a new poll this morning suggests that most americans want to see a deal, but on the president's terms. the "wall street journal" nbc news poll found more than three-quarters of voters, including 61% of republicans would accept higher taxes on people making more than $250,000 a year. major garrett is at the white house. major, good morning to you. >> reporter: good morning, charlie and gayle. ben bernanke, the chairman of the federal reserve, said anxiety over the fiscal cliff is already hurting the u.s. economy, undermining consumer confidence and delaying job-creating business investment. and he said there's nothing the fed can do to prevent a recession if there's not a deal here in washington. but this morning, like so many mornings before it, has not
SFGTV
Dec 13, 2012 10:00am PST
and transportation builders association and its 24th meeting in washington, d.c. gave the city and parkway the project of the year award as or because of the outstanding contributions to the advancement of public, private partnerships. and we all need to be aware of and proud of. the project was the first public partnership in the state of california, based on availability payments. in a way it was a leap of faith for the folks approving the project and in many ways it was not. because we did a tremendous amount of work to assure everyone, starting with this board that this was a, it was a great thing put passed and braise the trails of the future that will give us cost certainty and schedule certainty and we looking forward to that. i am looking to 2013 which i promise that i will attend and i am looking forward to the budget report at that point which i think will show that we are right that this is a good way to deliver complex projects and assure the public that the money will be spent according to the budget without over runs. the other big piece of news i think in the last couple of
SFGTV2
Dec 13, 2012 11:30am PST
to see how your great work here in rhode island is being amplified through washington around the country. "recovery benefits everyone" is the national theme this year, and when we see an event like this, when we see people in recovery, family, friends, and allies, everybody getting together, a lot of love, just a lot of celebration. it's very meaningful. it tells the community that people can and do recover and addictions are beatable. we have a torch-lit parade which goes down to waterplace park, and there are 300 luminaries, candles, in which people have-have filled out different cards. we have the candlelight procession, the torchbearers, and we're going to march right into the middle of waterfire. that brings it out into the public forefront. when you see the darkness descend, and you see 300 candles, and you see the torches, and then for the first time this year, we will be part of the official lighting of waterfire. rhode island is just, you know, the smallest state with the biggest event. what can i say? we are here today to advocate for recovering alcoholics and addicts, to educa
Current
Dec 13, 2012 2:00pm PST
the sensation. >> jennifer: you all know in november's election, colorado and washington state decriminalized the use of marijuana for recreational purposes. this loosening of the laws really represents a historic shift in the war on drugs. it also presents an unprecedented problem of clashing federal laws and state laws. just today democratic senator patrick leahy, chairman of the senate judiciary committee released a letter to the white house drug czar urging him to explain how is the administration going to solve this conflict? senator leahy plans to hold hearings on the issue early next year. according to the pot legalization group normal, norml, 26 states have laws decriminalizing or allowing medical marijuana use and then there were also two recent polls from "the huffington post" and quinnipiac university which show, with respect to public support that more than half of the country actually supports the legalization of marijuana. joining me now for insight on how the obama administration might move for
FOX Business
Dec 12, 2012 7:00pm EST
of good intention, maybe that gets me into trouble my saying that. lou: to surprise of many in washington boehner appears to have support of more voters than anyone thought previously, a new fox poll shows 3 a 3 to 1 margin, voters believe by enacting mostly spending cuts is the best way to deal with the problem. president obama continue its push his ultimatum on higher taxes for wealthy, and republican leaders responding by warning their members to be prepared for christmas in washington because of the stalemate. and joining us now, congressman devon nunez, a member of house aways and means committee. speaker saying they are separated by serious gaps here, what are your thoughts? >> i came on this show two weeks ago, i told you then that president wanted to go cliff diving, that is what he wants to do. he is not serious about getting a deal, if he was so serious, he would not have met with john boehner sunday morning then go out 24 hours later on a campaign stop to michigan railing about some middle class tax hike jarg onljargon he is using. he wants to go off the cliff,. lou: looking at
FOX News
Dec 13, 2012 2:00am PST
the edge washington still want seem to agree on a deal to avoid that fiscal cliff. were voters optimistic lawmakers will come through on this one? doug luzader has the brand new fox poll from washington. good morning. >> good morning. the clock isic itting. will there be an agreement. 51 percent of registered voters in the fox news poll say there will be an agreement between the president and congress to avert the fiscal cliff before the end of the year. a tiny majority. start with the white house position that taxes on wealthy must go up and republicans plan to give tax breaks just won't fly. here is jay carney. >> it is not a plausible position as jason fuhrman made clear to you last week to say we can somehow magically achieve significant revenue p on the order that we need for that balance reduction package simply by closing loopholes they will not name or capping deductions they will not specify sometime in the future. that is -- those magic beans are just beans. that fair redust is just dust. it isn't. >>> here's what the fox news polls show us. can raising taxes on the wealthy solv
CBS
Dec 13, 2012 4:00am PST
for the week after christmas, which means we'll probably be here, too, including susan mcginnis in washington this morning with the latest. susan, good morning to you. >> hi. good morning, terrell. as the white house continue to fail at coming to a conclusion on the budget, this fiscal cliff is not waiting for the end of the year. it's affecting america today. well, even santa claus is upset. santa claus showed up on capitol hill wednesday, urging congress and the white house to strike a deal to avoid the looming fiscal cliff before christmas. >> it's discouraging that our elected leadership in congress can't come together to get the job done for the american people. >> reporter: both sides say it's putting a damper on the holidays. >> i think it's going to be extremely difficult to get it done before christmas. ? . >> in anticipation, there is no agreement. congressional leaders told lawmakers not to make holiday travel plans. >> we're going to stay here right up until christmas eve, throughout the time and period before the new year because we want to make sure that we resolve this in an ac
SFGTV2
Dec 13, 2012 12:00am PST
, all of whom have traveled here from washington, dc from sacramento and all over the bay area. so thank you for being here today. we are grateful for an opportunity to come together with you to create schools and communities where young people are healthy and safe and feel welcome and they are allowed to learn and they are allowed to thrive. this day is devoted to help all of us deepen our understanding of this issue of the problem through data, through research, through anecdotes, to put real solutions in place, to comply with new state and draw laws on bullying and to measure our progress. it's a promise we want to join you in keeping to our children and our youth in california. some of you know that we started this summit yesterday with a screening of the documentary film, bully, to 3,000 students in san francisco from san francisco's public schools. the superintendent of schools you're going to hear from in a minute, he was there, i know ter theresa sparks was there, i was so proud of san francisco in being there because the superintendent, he's, you can tell he's a teache
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